Global Allergy Immunotherapy Size, Share, Trend, Data Statistics Analysis by 2027

 

Growing Demand for Targeted Treatments to Drive Allergy Immunotherapy Market

The global allergy immunotherapy market is expected to exhibit a strong 10.85% CAGR over the forecast period from 2017 to 2023, with the market rising to a valuation of USD 4,324.7 million, according to the latest research report from Market Research Future (MRFR).

Free Sample Copy With Considering Coivd19 Impact on this Market @ https://www.marketresearchfuture.com/sample_request/1517

Growing Allergens Exposure Is Driving A Strong Market Growth

According to the World Allergy Organization (WAO), estimates approximately 10 % to 40 % of the global population is suffering from an allergy in 2015. Growing prevalence of various chronic diseases like allergy, asthma, diabetes, and hypertension is driving the market growth. Increasing exposure to allergens owing to large-scale pollution is another driver of the market. The rapid adoption of Allergy Immunotherapy due to technological advancements and robust research pipeline is driving further market growth.

Market Segmentation

The Market Research Future report provides an all-inclusive segmental analysis of the allergy immunotherapy market on the basis of treatment and allergy type.

Based on allergy type, the allergy immunotherapy market is segmented into peanut allergy, allergic rhinitis, allergic asthma, cat allergy, and other allergies. Of these, the allergic rhinitis segment will have the largest share in the market during the forecast period chiefly owing to its growing prevalence among children and adults alike.

Based on treatment, the allergy immunotherapy market is segmented into specific immunotherapy (SIT), subcutaneous immunotherapy (SCIT), and sublingual immunotherapy. The sublingual immunotherapy segment is again segmented into sublingual immunotherapy drops and sublingual immunotherapy tablets. Of these, the subcutaneous immunotherapy segment will dominate the market during the forecast period. Factors pushing the growth of this segment include its effectiveness in treating various types of allergies, such as asthma. Moreover, this is a treatment option that alters the immune system for preventing the development of other types of allergies.

Competitive Analysis:

Leading players in the global Allergy Immunotherapy by Type include HAL Allergy Group, Merck KGaA (Allergopharma), Stallergenes Greer, DBV Technologies, Circassia, Allergy Therapeutics, and ALK Abello A/S. 

In August 2019, a new trial was launched by the NIH, Genentech, and Novartis to assess the impact of experimental treatments for various food allergies.

Regional Analysis

By region, the allergy immunotherapy market report covers the latest trends and growth opportunities across the Americas, the Middle East and Africa, the Asia Pacific, and Europe. Of these, Europe will dominate the market over the forecast period. Factors pushing the growth of the allergy immunotherapy market in the region include increasing incidence of various chronic diseases such as hypertension, diabetes, allergy, and asthma, growing awareness about allergy immunotherapy treatments, and elevated occurrence of skin allergy and allergic rhinitis.

The allergy immunotherapy market in North America is predicted to have a healthy growth over the forecast period owing to increasing awareness about allergy as well as its treatment along with the availability of effective products.

The allergy immunotherapy market in the APAC region is predicted to have a significant growth during the forecast period for rising awareness of treatments coupled with mounting healthcare spending.

The global allergy immunotherapy market in the Middle East and Africa is predicted to have a small growth over the forecast period.

Key Players

Major players profiled in the allergy immunotherapy market report include HAL Allergy Group (Netherlands), Stallergenes Greer (UK), ALK Abello A/S (Denmark), DBV Technologies (France), Circassia (UK), Merck KGaA (Allergopharma) (Germany), and Allergy Therapeutics (UK), among others.

Industry News

October 2019: A graduate student from the department of immunology in the Max Rady College of Medicine has developed a new drug for combating allergic asthma.

1 Report Prologue

2 Market Introduction

2.1 Introduction 18

2.2 Scope of Study 18

2.3 Research Objective 19

2.4 Assumptions & Limitations 19

2.4.1 Assumptions 19

2.4.2 Limitations 19

2.5 Market Structure 20

3 Research Methodology

3.1 Research Process 21

3.2 Primary Research 22

3.3 Secondary Research 22

3.4 Market Size Estimation 22

3.5 Forecast Model 24

4 Market Dynamics

4.1 Introduction 25

4.2 Drivers 25

4.2.1 Launch of New sublingual Immunotherapies in emerging Economies will Drive the Growth of the Market 25

4.2.2 Major Players are introducing Several Allergen Immunotherapy Tablets (AITs) in Potential Markets 26

4.2.3 Increase in risk Factors Causing Allergies 26

4.2.4 Rising Screening for Allergy and reimbursement Scenario 26

4.3 Restraint 27

4.3.1 Restricted Healthcare Spending in underserved Market of Europe will Restrain the Growth 27

4.4 Opportunity 27

4.4.1 Allergy Immune Therapies will be Launched in the US. 27

4.5 Challenges 28

4.5.1 High Cost of Allergy Immunotherapy 28

4.6 Micro Economic Indicators 28

5 Market Factor Analysis

5.1 Porter’s Five Forces Model 30

5.1.1 Bargaining Power of Suppliers 31

5.1.2 Bargaining Power of Buyers 31

5.1.3 Threat of New Entrants 31

5.1.4 Threat of Substitutes 31

5.1.5 Intensity of Rivalry 31

5.2 Supply Chain Analysis 32

5.2.1 R&D 32

5.2.2 Parts Manufacturing 33

5.2.3 Distribution 33

5.2.4 Marketing & Sales 33

5.2.5 Post-Sales Monitoring 33

5.3 Pricing Analysis 33

5.4 Investment Opportunity Analysis 34

5.5 Merger and Acquisition Landscape 35

Click here to get the short-term and long-term impact of COVID-19 on this Market: https://www.marketresearchfuture.com/reports/allergy-immunotherapy-market-1517

Related Reports Links:-

https://www.marketresearchfuture.com/reports/bilirubin-blood-test-market-720

https://www.marketresearchfuture.com/reports/veterinary-imaging-market-2919

https://www.marketresearchfuture.com/reports/cranial-fixation-stabilization-market-8163

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half- Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Recombinant Dna Technology Market Applications Demand, Opportunities, Challenges, Growth Opportunities 2027

Image
Overview The breakthroughs in genetic research have opened up new avenues for the development of Recombinant Dna Technology Market Applications reports connected with the healthcare industry have been made accessible by Market Research Future who publishes reports on other sectors that have been recently put out along with a report on this industry. The market is proposed to expand at a CAGR of approximately 6.9 percent over the forecast period. Get Free Sample Copy of "COVID-19 Pandemic Impact on Recombinant Dna Technology Market Analysis  @ https://www.marketresearchfuture.com/sample_request/5845 As the domain of genetics had been relatively unchartered due to lack of proper expertise and technology, the presence of these factors in abundance currently is fostering optimistic market growth. Development of topnotch research laboratories worldwide is adding impetus to the progress of the market. Rising focus on function, gene structure, expression pattern, and regula
Read more

Cryotherapy and Cryosurgery Market Shares, Opportunities, Development Status, Key Findings and Growth Forecast 2027

  The  Cryotherapy and Cryosurgery market is rising pervasively over the past couple of years mainly due to the good outcomes the therapy is providing in the treatment of various types of cancers and tumors.  Cryotherapy is vastly preferred among clinicians and patients due to it being an option for inoperable patients or for the patients who are nonresponsive to treatment.  The prevalence of cancer is growing at an alarming rate and so are increasing the cases of drug reaction, drug resistance or non-responsiveness. Therefore, the cryotherapy and cryosurgery market is pervasively rising on the global platform.  Recognizing the impressive growth records, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global cryotherapy and cryosurgery market will register a CAGR of 6.9% from 2016-2023, witnessing the accruals of approx. 2.65 Bn. USD by 2022. Additional factors substantiating the market growth include th
Read more

Womens Health Supplement Market Competitor Strategies, Development Status, Segmentation, Revenue and Analysis of COVID-19 | 2027

Image
  Global Women Healthcare Market – Overview Women healthcare which was previously not given appropriate attention, has developed in a major way by increased investments from reputed firms in this industry. Market focused reports related to the healthcare sector among others recently have been made available by Market Research Future which publishes reports on this market. The market for women healthcare is anticipated to expand at a steady CAGR of 5.04 percent in the duration of the forecast period. Get Free Sample Copy @  https://www.marketresearchfuture.com/sample_request/3121 Women healthcare issues such as pregnancy, menopause, menstruation, cancer related to the anatomy of women lacked products and devices to treat or counteract the symptoms of these ailments. Lack of awareness of the issues faced by women had restricted the growth potential of the market to a great extent. As the hold of women decision makers has increased in the healthcare domain, the market outlook
Read more